Studio Rent · July 2026

Studio Apartment Rent in Derry, NH

$1,250/mo

Median asking rent for a studio apartment in Derry, New Hampshire as of July 2026. That's +47% lower than the citywide median of $2,357 and +3% below the national studio median of $1,290.

Studio median
$1,250
July 2026
vs city overall
-47%
$2,357 city median
vs national
-3%
$1,290 US median
New Hampshire rank
#5
of 18 cities

Income needed for a studio in Derry

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$50,000
Monthly gross
$4,167
Hourly (full-time)
$24.04

Rent by apartment size in Derry

Compare Derry's median rent across every apartment size.

Studio (current)
$1,250
1-Bedroom
$1,350
2-Bedroom
$1,770
3-Bedroom
$2,320
4+ Bedroom
$2,440

Cheapest cities for a studio in New Hampshire

#CityStudio rent
1Claremont$920
2Laconia$990
3Keene$1,100
4Concord$1,160
5Derry (this page)$1,250
6Salem$1,320
7Rochester$1,340
8Somersworth$1,360
9Dover$1,370
10Hooksett$1,400
11Manchester$1,415
12Nashua$1,440
13Lebanon$1,480
14Newmarket$1,560
15Hampton$1,590

Most expensive cities for a studio in New Hampshire

#CityStudio rent
1Bedford$1,950
2Merrimack$1,670
3Portsmouth$1,620
4Hampton$1,590
5Newmarket$1,560
6Lebanon$1,480
7Nashua$1,440
8Manchester$1,415
9Hooksett$1,400
10Dover$1,370
11Somersworth$1,360
12Rochester$1,340
13Salem$1,320
14Derry (this page)$1,250
15Concord$1,160

Nearby cities — studio rent

Most nearby cities have similar or higher studio rents than Derry.

CityDistanceStudio rentvs Derry
Methuen, MA12.4 mi$1,360+$110 (+9%)
Manchester, NH14.4 mi$1,415+$165 (+13%)
Dracut, MA14.8 mi$1,520+$270 (+22%)
Merrimack, NH17 mi$1,670+$420 (+34%)
Hooksett, NH17.6 mi$1,400+$150 (+12%)
Lowell, MA17.6 mi$1,408+$158 (+13%)
Bedford, NH18.2 mi$1,950+$700 (+56%)
Andover, MA18.7 mi$1,770+$520 (+42%)
Tewksbury, MA19.7 mi$2,230+$980 (+78%)
Chelmsford, MA20.4 mi$1,735+$485 (+39%)
Billerica, MA22.7 mi$1,840+$590 (+47%)
Wilmington, MA23.9 mi$2,690+$1,440 (+115%)

Studio rent in Derry — common questions

How much is a studio apartment in Derry?

As of July 2026, the median studio apartment rent in Derry, New Hampshire is $1,250 per month. This is +47% below the citywide median of $2,357.

What income do you need to afford a studio in Derry?

Using the standard 30% rent-to-income rule, you would need an annual income of about $50,000 ($4,167/month gross), which works out to roughly $24.04/hour at a full-time job.

Is Derry expensive for a studio compared to the rest of the US?

Derry's studio median of $1,250 is +3% below the national studio median of $1,290. It ranks in the 47th percentile of US cities tracked.

How does Derry rank for studio rent in New Hampshire?

Among the 18 cities in New Hampshire with studio data, Derry ranks #5 from cheapest to most expensive.

Are there cheaper studio options near Derry?

Most nearby cities have similar or higher studio rents than Derry.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Derry, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.